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$233,000

NAL Estimated Property Value

6803 State Highway 11, Sherman, TX, 75090

$233,677 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
price_per_sqft$109.69 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Oven
FlooringCarpet, Linoleum

Exterior

Lot Size1 acre

Building Information

Year Built2000
Garage Spaces2

Land Information

APN230 077200237
SubdivisionMorgan Claiborne A-G0772
Land UseResidential
Legal DescriptionG-0772 MORGAN CLAIBORNE A-G0772, ACRES 1.0, LABEL# PFS0662612, HUD#2 PFS0662613; SN1 AH010011279B; SN2 AH010011279A
Census Tract001802
Assessed Land Value$73,000
Assessed Improvement Value$62,423
Assessment Year2025

About this property

Doublewide mobile in Sherman on 1 acre lot on HWY 11. Car port and insulated shop ( 20X40 with concrete floor and electricity) with windows and electric and water. Can easily convert the shop into additional living quarter.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$154,676Estimated Mortgage Balance
$78,324Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$233,677
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,246
$135,423
2025
$73,000
$62,423
$135,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,246
$135,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Unknown
$163,400
No
First
Jun 6, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,676
$78,324
33%
66%
$980/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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6803 State Highway 11 | Property Details | No Agent List